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Linking least-cost energy system costs models with MCA: An assessment of the EU renewable energy targets and supporting policies


  • Oikonomou, V.
  • Flamos, A.
  • Gargiulo, M.
  • Giannakidis, G.
  • Kanudia, A.
  • Spijker, E.
  • Grafakos, S.


There are several technoeconomic modeling approaches that provide quantitative results such as costs and the level of achievement of certain renewable energy (RE) policy targets. These approaches often do not consider other important factors for policy implementation (such as socio-political aspects and stakeholders' preferences). Recent multicriteria analysis (MCA) approaches attempt to integrate these multiple aspects in decision making process. In this respect, aim of this paper is to combine technoeconomic modeling and MCA approaches in a general analytical framework incorporating multiple aspects. Each method in an RE policy interaction problem can feed in the necessary policy information for the subsequent steps of an ex-ante and an ex-post assessment in a decision tree, starting from recognizing the need for implementing a new policy in parallel to the incumbent ones, assessing the actual policy costs and finally identifying the social acceptability of these RE policies.

Suggested Citation

  • Oikonomou, V. & Flamos, A. & Gargiulo, M. & Giannakidis, G. & Kanudia, A. & Spijker, E. & Grafakos, S., 2011. "Linking least-cost energy system costs models with MCA: An assessment of the EU renewable energy targets and supporting policies," Energy Policy, Elsevier, vol. 39(5), pages 2786-2799, May.
  • Handle: RePEc:eee:enepol:v:39:y:2011:i:5:p:2786-2799

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    References listed on IDEAS

    1. Charles E. Lindblom, 1958. "Tinbergen on Policy-Making," Journal of Political Economy, University of Chicago Press, vol. 66, pages 531-531.
    2. V., Oikonomou & A., Flamos & S., Grafakos, 2010. "Is blending of energy and climate policy instruments always desirable?," Energy Policy, Elsevier, vol. 38(8), pages 4186-4195, August.
    3. Böhringer, Christoph & Koschel, Henrike & Moslener, Ulf, 2006. "Efficiency Losses from Overlapping Economic Instruments in European Carbon Emissions Regulation," ZEW Discussion Papers 06-018, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    4. Afgan, Naim H. & Carvalho, Maria G., 2002. "Multi-criteria assessment of new and renewable energy power plants," Energy, Elsevier, vol. 27(8), pages 739-755.
    5. Evans, Annette & Strezov, Vladimir & Evans, Tim J., 2009. "Assessment of sustainability indicators for renewable energy technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(5), pages 1082-1088, June.
    6. V. Oikonomou & C. Jepma, 2008. "A framework on interactions of climate and energy policy instruments," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 13(2), pages 131-156, February.
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    Cited by:

    1. Rosenberg, Eva & Lind, Arne & Espegren, Kari Aamodt, 2013. "The impact of future energy demand on renewable energy production – Case of Norway," Energy, Elsevier, vol. 61(C), pages 419-431.
    2. Sotiris Papadelis & Vasssilis Stavrakas & Alexandros Flamos, 2016. "What Do Capacity Deployment Rates Tell Us about the Efficiency of Electricity Generation from Renewable Energy Sources Support Measures in Greece?," Energies, MDPI, Open Access Journal, vol. 9(1), pages 1-16, January.
    3. Spyridaki, Niki-Artemis & Banaka, Stefania & Flamos, Alexandros, 2016. "Evaluating public policy instruments in the Greek building sector," Energy Policy, Elsevier, vol. 88(C), pages 528-543.
    4. repec:gam:jeners:v:9:y:2016:i:1:p:38:d:62101 is not listed on IDEAS
    5. Pérez de Arce, Miguel & Sauma, Enzo & Contreras, Javier, 2016. "Renewable energy policy performance in reducing CO2 emissions," Energy Economics, Elsevier, vol. 54(C), pages 272-280.
    6. Seixas, J. & Simões, S. & Dias, L. & Kanudia, A. & Fortes, P. & Gargiulo, M., 2015. "Assessing the cost-effectiveness of electric vehicles in European countries using integrated modeling," Energy Policy, Elsevier, vol. 80(C), pages 165-176.
    7. repec:spr:annopr:v:245:y:2016:i:1:d:10.1007_s10479-015-1791-y is not listed on IDEAS
    8. Stelios Grafakos & Elena Marie Enseñado & Alexandros Flamos & Jan Rotmans, 2015. "Mapping and Measuring European Local Governments’ Priorities for a Sustainable and Low-Carbon Energy Future," Energies, MDPI, Open Access Journal, vol. 8(10), pages 1-26, October.
    9. Spyridaki, N.-A. & Flamos, A., 2014. "A paper trail of evaluation approaches to energy and climate policy interactions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 1090-1107.


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